Rail passenger demand growth over the last 20 years has been heavily influenced by factors that are omitted from forecasting models, such as changes to the structure of the UK economy and population distribution, a new report concludes.
The Independent Transport Commission report explores factors underpinning the more than doubling of rail passenger journeys since privatisation in 1995/96, a period when population grew by only 15 per cent.
The report’s authors are Ian...
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